economic collapse

Open Thread - 09-16-22 - Crossroads

it_photo.jpgIt feels like we're stuck in history. Here we stand, in purgatory, between the old world order and the new world order. I didn't ask to be here and I'll bet you didn't either, but here we are. If mankind survives, in what form may yet be determined, historians will study this era like no other. We may be, right now, writing the final chapters of a book. A story that will never be duplicated again in the exact manner of biological circumstance. In the balance of evolution, we think of ourselves apart, because of our intellect. Unfortunately, branches do break off from the evolutionary tree.

The worst part is knowing we can't go back. And the future is most uncertain, to say the least. I'm sure most would agree that the past was far from perfect, and I'm sure most would agree that it now looks like paradise in the rear view mirror, with hell bearing down just up ahead, full tilt boogie.

How is it we are here? How is it so many existential means of destruction meet at the focus of mankind, in unison. Economic collapse, famine, climate upheaval, pandemic, war, we were warned for generations of these potential catastrophes, here they are upon us, all at the same time. Is it coincidence? Artificial? Natural? Does it matter?

Civilizations have stood at the crossroads before, but never on this scale or with so much at stake. It may seem like a positive feedback loop that's out of control, like it's totally out of our hands. Like there's nothing we can do to stop it. But I'm not so sure about that.

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More below the cliff.

Open Thread - 07-15-22 - The Rooster

I lived through what seemed like the idyllic mid to late 50s. Marched my way through the tumultuous 60s. Cruised through the raucous 70s and its political changes. Worked hard to make it through the the 80s. Watched the overton window lurch to the right in the 90s. Saw the result of that lurch to the right in the 2000s. Witnessed the financial robbery of the 2010s. I'm still here, alive and kicking, in the 2020s, so far.

Never, through all of those years, did I have an inkling of what it would be like in the here and now. Even if I had a possible clue I would have considered it a fevered dream. This is some crazy shit we're living through folks.

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The Weekly Watch

Endless War in an Economic Collapse?

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It is pretty stupid state of affairs driven by American aggression...trying to bully the world into submission. Russia and China want to develop a fair world order which they discussed at this weeks BRIC's conference in order to evade the dominance of the USD and create a cooperative, mutually beneficial world trade framework. That is the very thing the US wants to prevent. No, the US will be top dog and we'll commit suicide and even destroy the world in order to maintain our fading global hegemony. The current state of affairs makes it plain the US is incompetent, inefficient, and consumed by greed for ever more profit.

The problem with anti-imperialists who spend all their time criticizing the evil US empire is that there aren’t nearly enough of them...
Hey I’ve got a great idea, let’s start World War Three over a NATO country that most Americans don’t even know exists. Liberals learned the word “Lithuania” ten seconds ago and they’re ready to nuke Moscow over it.

Caitlin Johnstone

Open Thread - 05-20-22 - Assorted Ramblings

Chugga chugga, what's that sound? It's the American Dream leaving your house headed for DC. See that steam rising from the smokestack? That's your dollars burning, rolled up into logs, working for the man. See that caboose? That's you running like the dickens behind the train, but you'll never catch up. The dollar train left the switchyard long ago, when moneystreet decoupled from mainstreet. With abundant dollar logs to burn, hot off of the printing press, the train chugs onward. Until it derails. But maybe that IS the point.

The Weekly Watch

Bloomin' Idiots

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The EU has clearly gone nuts, buying more expensive LNG from the US instead of local cheaper Russian gas. They've cut off their nose to spite their face. The US has been drunk with military power for so long that we don't see how badly we are hurting our country and world trying to maintain US hegemony. It doesn't take a genius to understand the need to stop the US war economy and harvest a peace dividend to improve people's lives and promote sustainability. It is past time to turn the war machine budget toward the people.

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The Weekly Watch

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Seeking Balance

This week Max and Stacy have been discussing the coming digital currency on the Keiser Report. They suggest the IMF will digitize money to cover all the printing and central bank bailouts. As Max and Stacy often say, "You can't taper a Ponzi scheme". Stock trader, Greg Mannarino, has been saying he thinks the Fed will issue its own digital currency, but perhaps the plan is to work in conjunction with the IMF. The meme has been "money printer goes brrr", yet it seems eventually the piper must be paid. The idea of digital dollars which WILL track every transaction isn't a pleasant thought to me.

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The Weekly Watch

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Under the Radar

Yesterday as hurricane Delta came by, they warned people to be weather aware because there could be under the radar tornadoes. It made me think of so many things that are "under the radar"...mostly because the corporate media fails to inform, and they want our attention purposefully turned elsewhere. TPTB do not want US citizens to know Russia brokered a cease fire. Sadly it appears to have failed. All they can do is bad mouth their sputnik V vaccine which is in clinical trials. How often have you heard the main stream media report on Julian's torture? Evidently the US is building a permanent base in Syria in order to guard the oil we've stolen as we impose crushing sanctions...not to mention more sanctions against Iran. Meanwhile the debate about the debate is 24/7.

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